This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed!
I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments.
The potential of the stock moving today is what makes it interesting, everything else is secondary.
PLTR today.
News: [EU Says It Will Impose Countermeasures Against US Tariffs](https://www.bloomberg.com/news/articles/2025-02-11/eu-says-it-will-impose-countermeasures-against-us-tariffs)
**Ticker:** [**PSX (Phillips 66)**](https://finviz.com/quote.ashx?t=PSX&p=d)
**Catalyst:** Elliott Management has increased its stake in Phillips 66 to over $2.5 billion, advocating for operational changes to enhance shareholder value. Elliott is believed to push the company to spin off or sell midstream opportunities.
**Technicals:** We made a 6% move (just like when Elliott took a stake in BP), we may see another leg of movement during the day.
**Risks:** Spinning off a segment reduces income diversification (at the possible benefit of having a higher valuation multiple), more of a long-term investment risk than a short term one. In the short-term, expect a ton of marginal headlines that will move the stock up/down 1% depending on how they want to make changes.
**Related Tickers:** BP, XOM, CVX, MPC
**Ticker:** [**LSCC (Lattice Semiconductor)**](https://finviz.com/quote.ashx?t=LSCC&p=d)
**Catalyst:** LSCC reported EPS of $0.15 vs. $0.19 expected. Revenue of $117.4 million vs. $117 million expected. Provided strong indication of improving customer consumption and stronger future demand.
**Technicals:** Watching $65 level to the upside. Overall not interested in shorting this if I had to take a position.
**Catalyst/Sector Context:** The semiconductor industry is signaling increased demand and increased spending across all companies, which is bullish obviously. Despite slightly missing EPS they signaled a good enough outlook that the stock reacted positively to Earnings. LSCC makes low power FPGAs.
**Related Tickers:** NVDA, AMD, INTC, TXN
**Ticker:** [**ASTS (AST SpaceMobile)**](https://finviz.com/quote.ashx?t=ASTS&p=d)
**Catalyst:** Following TMUS's announcement of compatibility with Starlink Beta, ASTS (a close competitor) experienced an 18% increase, with potential for further movement (both upside/downside) today, particularly around the $30 level.
**Technicals:** I'm leaning more towards pullback today, watching $30 level.
**Catalyst/Sector Context:** The satellite communications industry is rapidly evolving, with major players forming partnerships to expand global connectivity. Starlink is the biggest company out there, but ASTS moves whenever adoption news comes out, like it did previously with Verizon.
**Risks:** Competition from entities like Starlink may pressure ASTS's market share and profitability in the future, especially when SpaceX is expected to IPO (eventually). Remember that ASTS has 5 satellites and is working on \~19 more.
**Offhand Comments:** The market's reaction underscores the "adoption trade", kind of like how all the weed stocks moved with each other.
**Ticker:** [**PLTR (Palantir Technologies)**](https://finviz.com/quote.ashx?t=PLTR&p=d)
**Catalyst:** Nothing significant today, but we saw a huge spike up to $117.75 yesterday, likely from comments made during the Paris AI summit. Currently short.
**Technicals:** Interested in $115 level as an add, on the short side. Watching $120 as the level to cover on.
**Catalyst/Sector Context:** PLTR has made the mother of all moves recently, gaining 50% in the past 2 weeks. Most of that was from earnings,
**Risks:** For a trade, I'm capping my risk at $120- everyone and their mother knows that PLTR is overvalued and run on hype at this point, and a move up to $100 from earnings might be tolerable but adding an extra 15% on top of that is irrational (in my opinion). Obviously there's significant retail interest in this stock, so will have to be agile and cognizant of what they're thinking as stock moves around.
**Related Tickers:** All AI related companies.
**EARNINGS: SMCI, UPST, DASH, LYFT**